In April, Moss Adams completed its audits of the Port of Tacoma’s financial statements and expenditures of federal awards (grant audit) for 2024, which both resulted in no findings. These audits provide independent assurance that financial statements are presented fairly and are free of material misstatement and that the Port is properly managing federal (grant) funds. 

On May 1, the Office of the Washington State Auditor published an accountability audit for the Port covering the years 2021, 2022, and 2023. The accountability audit determined the Port complied with applicable federal and state laws, rules, and its own policies and procedures. The accountability audit involves the examination of records to ensure public funds are accounted for and internal controls are in place to protect public resources from misappropriation or misuse. 

“These clean audits demonstrate the Port’s high standards of accounting excellence,” said Port of Tacoma Executive Director Eric Johnson. “I appreciate our staff’s commitment to the responsible stewardship of public funds, and Commissioners Deanna Keller and Don Meyer for their service and oversight on the Commission’s audit committee.” 

The 2024 Annual Financial Report can be found here: Financial Information | Port of Tacoma 

The accountability audit reports are available on the State Auditor’s website at Audit Reports | Office of the Washington State Auditor